As imports of photovoltaic modules in 2023 indicate a stabilization in the solar energy market after growth of around 70% in 2022, which can enable investments exceeding R$60 billion.
Even in the midst of a challenging scenario, the 17,5 GW nationalized in 2023 represent a reduction of just 1,7% compared to the previous year, which stood out for the records achieved in the Brazilian market.
As information were announced this Thursday (15), from greener – one of the main Brazilian research and consultancy companies on subjects related to the solar energy market.
The study also draws attention to a acceleration of shipments of modules in the last months of 2023, since in 4st quarter as imports reached more than 5 GW – the largest quarterly volume in Greener’s historical series.
Only from China, Brazil imported approximately 4 GW between November and December, and some of the equipment has not yet arrived in the country and should be reflected in the nationalized volume in the first quarter of 2024.
Distributed and centralized generation
Of the 17,5 GW imported by Brazil in 2023, around 11,4 GW were destined for the DG (distributed generation) market, while the remaining 6,1 GW went to GC projects (centralized generation).
In the first segment mentioned, volume remained high due to the increase in demand for larger shared generation and remote self-consumption projects.
Projects related to large plants were made viable, above all, by means of PPAs (Power Purchase Agreement) and contracts for self-production signed between 2020 and 2022.
How will the solar market evolve in 2023?
Despite the challenges experienced last year (especially in the first semester), The Greener assesses that the Brazilian solar energy market continues to have excellent prospects for the next few years.
The company points out that in the solar DG segment recorded an increase of more than 8 GW in the network's total capacity in 2023, which currently exceeds the 26 GW mark in distributed installed power.
“Brazil ended 2023 with 2,3 million photovoltaic systems installed. In addition to generating units, just over 1 million consumer units benefit from credits remotely”, informs the study.
Yes, in relation to solar GC, the research and consultancy company highlights that the National market witnessed advances last year, even in very low price scenarios.
“In 2023, large solar parks incorporated 4 GW into the national electricity matrix, compared to 2,8 GW in 2022. The year ended with an accumulated installed capacity of 11,4 GW of centralized solar power and 7 GW of solar plants under construction that should come into operation throughout 2024 and 2025.
